53-year-old N. Chandrasekaran will be the first chairman of the $103 billion Tata group with no family links to the Tatas. Photo: Abhijit Bhatlekar/MintMumbai: Natarajan Chandrasekaran formally took charge as the chairman of Tata Sons Ltd on Tuesday. He said he will work together to ensure that all Tata companies are leaders in their respective segments and not followers. Chandra’s remarks on discipline on capital allocation come in the wake of the group’s heavy dependence on dividends from TCS. Also read: TCS to buy back 2.85% shares worth Rs16,000 croreHe called upon everyone to work together for the advancement and betterment of the group.

Source: Mint February 21, 2017 06:56 UTC